AFP: China yesterday said it will further open the country’s financial markets to foreign firms, a key demand from the United States and other global investors who have long complained about the strict limits on access to the giant economy.

Nations Trust Bank Sports Day 2017 was held recently under the theme ‘Fast and Furious’ at Havelock Sports Club Grounds.

The American Chamber of Commerce in Sri Lanka (AmCham) organizes its annual Bowling Tournament for the seventhconsecutive year on Saturday, 25th November, 2017 from 12 noon onwards at the Strikes Bowling Centre, Excel World Entertainment Park.

Duo World Inc.recently announced that it has enlisted Maxim Group LLC, a leading investment banking, securities, and investment management firm, to provide strategic corporate planning and investment banking services to the company.

AFP:  Chinese President Xi Jinping laid out his country’s credentials as the new champion of world trade yesterday, calling globalisation an “irreversible historical trend”, in comments that offered a contrast to the “Ame

AFP:  Saudi Aramco yesterday signed agreements worth nearly US$4.5 billion with multinational oil and gas contractors, in what the company dubbed as an effort to diversify the economy.

AFP:  US ride-hailing app Uber yesterday lost a landmark case in Britain that would give drivers the right to paid holidays and the national minimum wage, lawyers representing the claimants said. The London employment tribunal rejected Uber&rsqu

National Savings Bank has been making a continuous effort to encourage the saving habit of the people of this country now for more than 45 years, teaching the nation to save.

The ‘Kotagala Kahata – Rasa Wasana’ consumer promotion, which took place from the 22nd June to the 25th of August 2017, recently came to a successful conclusion.

AFP:  Asian markets fell yesterday as traders fret over the outlook for Donald Trump’s much-vaunted tax-cut plans while profit-takers cashed in after the latest rally.

REUTERS: The Sri Lankan rupee edged higher yesterday on dollar inflows from remittances, while the market awaited more clarity on the budget policies announced a day earlier, dealers said.

Sri Lanka’s National Mobile Service Provider, Mobitel, has been placed ahead of all local telcos in the ‘Customer Service Excellence’ rankings released by LMD in partnership with Kantar 

Reaffirming its commitment to empowering the country’s future business leaders, Unilever Sri Lanka welcomed 21 undergraduate students from some of the country’s top higher education institutions to the fourth batch of its annual ‘Sp

Upscale seafood restaurant Ministry of Crab has filed action against a restaurant named the Black Crab in the Commercial High Court of the Western Province over infringement of its trademark and unfair competition.

The Hayleys group’s latex glove production subsidiary Dipped Products PLC this week announced that Radika Obeyesekere was appointed as an Executive Director at the firm.

The Sri Lanka Tourism Development Authority (SLTDA) signed a Memorandum of Understanding (MoU) with the Australian Government supported Market Development Facility (MDF), to collaborate on a comprehensive development programme for the Unawatuna beach

Finance Minister Mangala Samaraweera yesterday proposed to impose a special tax termed ‘ Medamulana tax,’ as the levy is intended at collecting additional revenue to repay foreign debt taken during the Rajapaksa  era.

The government yesterday floated the idea for clean lending in a direct challenge to banks’ centuries-old model of collateral-based lending, which may have turned away thousands of high potential small businesses and business startups.  In

Presenting the budget for 2018, Finance Minister Mangala Samaraweera said he wants to see the two state lending giants Bank of Ceylon and People’s Bank to raise debt and equity capital to beef up their capital requirements.

The telecommunication industry was brought under renewed taxation in the budget, with cellular towers and mass SMS advertising becoming liable to further charges.

DFCC Bank PLC launched “DFCC Premier Go”, the first ever premier banking app in the industry, exclusively for its Premier customers, at a special launch event held

For thousands of years mankind has wondered about the creatures that roam the seas. As if the seas of our planet are a kind of parallel universe, a place of wonder, where exquisite beings

Finance and Mass Media Minister Mangala Samaraweera and Finance and Mass Media Ministry Secretary Dr. R.H. Samaratunga were laying the finishing touches to Samaraweera’s self-titled ‘designer budget’ at the minister’s residenc

REUTERS: The Sri Lankan rupee ended a tad firmer in dull trade yesterday led by exporter conversions, while most market participants awaited cues from the national budget due today.

Days ahead of the budget, a corporate leader cum economist called on the government to maintain consistency among its economic policy statements, the budget and post-budget enabling legislation, to ensure that the government policies are not mere hal

REUTERS: Sri Lankan shares ended steady yesterday with turnover hitting a seven-week high on foreign selling in United Motors Lanka, while all eyes are on the 2018 budget presentation scheduled today.

Dipped Products PLC’s (DIPD) September quarter was supported by its plantation sector performance— mainly the higher tea prices— and for a lesser degree by the glove manufacturing business. 

One of the country’s leading telecom operators, Dialog Axiata PLC, experienced a positive third quarter from July-September (3Q17) compared to the same period last year amidst increased revenue and the decline of indirect taxes on data services

The Central Bank this week said that even if one company in the luxury property market collapses, it would not have a knock-on, domino effect on the rest of the market and downplayed the possibility of an asset bubble in the property sector emanating

Embark,the popular brand with a cause, opened its 11th standalone store in the city of Kurunegala on 29 October. Keeping true to its vision of improving the lives of street dogs in Sri Lanka,